FAM REIT Announces January, February and March 2013 Distributions

TORONTO, Jan. 16, 2013 /CNW/ - FAM Real Estate Investment Trust ("FAM
REIT") (TSX: F.UN, F.WT) announced today it has declared cash
distributions for the months of January, February and March 2013 as per
the following schedule:

Month

Record Date

Distribution Date

Distribution Amountper unit

January 20131

January 31, 2013

February 15, 2013

$0.0707

February 2013

February 28, 2013

March 15, 2013

$0.0625

March 2013

March 29, 2013

April 15, 2013

$0.0625

Notes:

1 Includes a 4 day stub-period from December 28, 2012 to December
31, 2012.

Distributions paid to Unitholders who are non-residents of Canada will
be subject to Canadian withholding tax.

FAM REIT's current portfolio aggregates approximately 1.7 million square
feet of gross leasable area. The properties are located in Manitoba
(eighteen properties), Alberta (four properties), Saskatchewan (two
properties), Ontario (two properties) and the Northwest Territories
(one property). 84% of the portfolio's gross leasable area is
concentrated in large population centres, including Winnipeg, the
Greater Toronto Area, Calgary and Regina.

The Toronto Stock Exchange has not reviewed nor approved the contents of
this press release and does not accept responsibility for the adequacy
or accuracy of this press release.